Huawei Launches Fintech 2.0 to Revolutionize Mobile Money in Africa

Huawei has unveiled its latest fintech innovation, Fintech 2.0, at AfricaCom, Africa’s largest technology conference. The solution is poised to transform mobile money services across Africa, with a focus on advancing financial inclusion and enhancing digital user experiences for consumers and businesses alike.

Fintech 2.0 is designed to empower micro, small, and medium-sized enterprises (MSMEs) by supporting their digital transformation while providing service providers with enhanced business agility. Huawei believes the solution will accelerate industry innovation and promote digital financial inclusion in emerging markets

Key Features of Fintech 2.0

Enhanced Digital Experience

Fintech 2.0’s architecture is tailored to align with various aspects of customers’ lives, offering seamless and efficient payment and lending solutions. This allows operators to deliver a highly personalized and convenient experience to users.

Accelerated Innovation

The solution simplifies application development for MSMEs. By leveraging reusable industry assets such as custom templates and components, developers can rapidly create service applications using advanced visual tools with minimal coding.

Faster Time to Market

Through its open ecosystem, Fintech 2.0 integrates API, H5, and mini-app technologies, enabling operators to launch services on super apps within a week and execute marketing campaigns within three weeks. Its cloud-native platform supports advanced features such as containerization, auto-scaling, and gray release, ensuring software updates are completed in days.

Driving Digital Financial Inclusion

Bryan You, Director of Huawei Southern Africa Software Solution and Marketing, emphasized the transformative potential of Fintech 2.0: “Huawei continues to invest heavily in fintech research and innovation, creating solutions to help address global challenges and support anticipated future developments. Fintech 2.0 uniquely combines agile business development, scalable platforms, finance-grade regulatory and security compliance, and real-time risk control to safely accelerate digital financial inclusion.”

Currently, Huawei’s fintech solutions serve over 400 million users in more than 20 countries. During the COVID-19 pandemic, the technology facilitated contactless online payments, reduced economic disruption, and supported governments in distributing subsidies and education allowances. It has also created employment opportunities for women and provided critical financial services, such as microcredit, to underserved populations.

Building on a Proven Legacy

Fintech 2.0 aims to extend Huawei’s established track record in digital financial services by offering secure and stable platforms for mobile financial businesses. Huawei’s advanced connectivity and innovative platforms will assist financial institutions in building efficient digital processes, implementing inclusive services, and fostering sustainable financial development.

About Huawei

Huawei is a global leader in information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across telecom networks, IT, smart devices, and cloud services, Huawei is committed to creating a fully connected, intelligent world. Through open collaboration with ecosystem partners, Huawei delivers secure, innovative solutions that empower people, enrich lives, and inspire organizations globally.

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